Can I open a small business company while holding EAD

of course

but if thats your "employer" it might not work!

I have known people who were partners in their own firm cuz their H1 required them to be an employee.
 
Thanks for your reply.
What I mean is I still work full time in my current company holding EAD. At the mean time, open a small business do some part time consulting, is it going to work legally?
 
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